I live in Oklahoma, and want to clean out. I have 18 years worth of bills, bank statements, etc. What and how long do I have to keep this stuff?
2006-12-05 06:42:26 · 7 answers · asked by John R 1 in Business & Finance ➔ Personal Finance
7 years to be safe.
Coach
2006-12-05 06:49:21 · answer #1 · answered by Thanks for the Yahoo Jacket 7 · 1⤊ 0⤋
You should keep paid bills and bank statements for 1 year. Tax returns and other important documents for 7 years.
2006-12-05 06:46:37 · answer #2 · answered by missyhardt 4 · 0⤊ 0⤋
Paid bills and bank statements - 1 year
Tax returns - 7 years
Unless you have a business, then you have to keep them forever.
2006-12-05 06:50:08 · answer #3 · answered by ramman 4 · 0⤊ 0⤋
Tax Papers and bank statements for 7 years. Year end statements from stocks/mutual funds/etc. keep forever. Paid bills keep for a year.
That's what we do.
2006-12-05 06:52:54 · answer #4 · answered by parsonsel 6 · 0⤊ 0⤋
They suggest 7 years.
2006-12-05 06:50:46 · answer #5 · answered by Pantherempress 7 · 0⤊ 0⤋
7 years, generally.
2006-12-08 13:44:18 · answer #6 · answered by Donald W 4 · 0⤊ 0⤋
7 years is the norm, but 10 years would be the best. Why not consider scanning your documents and shred. Scanned documents are now considered to be legal to enter into any court or legal issues.
2006-12-05 07:26:27 · answer #7 · answered by Midwest guy 4 · 0⤊ 0⤋